Instreet acquires responsible investment platform

The ownership of responsible investment platform The Emerald Wrap has changed in the wake of Australian Unity’s takeover bid for Premium Wealth Management.

Speaking to InvestorDaily, Instreet managing director George Lucas said his company has purchased 100 per cent of The Emerald Club (the platform’s parent company).

Twenty-five per cent of The Emerald Club was previously held by financial planning dealer group Premium Wealth Management, while the remaining 75 per cent belonged to individual investors, Mr Lucas said.

>Speaking to InvestorDaily, Instreet managing director George Lucas said his company has purchased 100 per cent of The Emerald Club (the platform’s parent company).

Twenty-five per cent of The Emerald Club was previously held by financial planning dealer group Premium Wealth Management, while the remaining 75 per cent belonged to individual investors, Mr Lucas said.